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Sepsis Diagnostics Market size was valued at over USD 620 million in 2022 and is projected to reach more than USD 1.2 billion by 2032. Rising awareness regarding infectious diseases and its diagnosis will drive the market expansion.
Sepsis diagnostics refer to the processes and methods used to identify and diagnose sepsis, a potentially life-threatening condition caused by a severe infection. Sepsis occurs when the body's response to an infection triggers widespread inflammation, leading to organ dysfunction and failure. Rapid and accurate diagnosis of sepsis is crucial for timely and appropriate medical intervention, as the condition can progress rapidly and become fatal. The increasing demand for diagnostics sepsis devices is anticipated to foster the market share.
Report Attribute | Details |
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Base Year: | 2022 |
Sepsis Diagnostics Market Size in 2022: | USD 621.2 Million |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 7.4% |
2032 Value Projection: | USD 1.2 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 444 |
Segments covered: | Product, Technology, Method Type, Pathogen Type, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Moreover, the rising incidence of hospital-acquired infections, growing number of geriatric population base, immunocompromised patients, and chronic illness patients, is further augmenting the market value. For instance, according to the World Health Organization (WHO), sepsis affects an estimated 49 million individuals and causes 11 million deaths globally, every year. Further, around half (49%) of patients with sepsis in intensive care units acquire infection in the hospital, annually.
Report Attribute | Details |
---|---|
Base Year: | 2022 |
Sepsis Diagnostics Market Size in 2022: | USD 621.2 Million |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 7.4% |
2032 Value Projection: | USD 1.2 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 444 |
Segments covered: | Product, Technology, Method Type, Pathogen Type, End-use, and Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|